Don’t bank on it: The UK Cryptoasset Business Council (UKCBC) co-authored this report, revealing that crypto and Web3 firms in the UK face widespread denial of basic banking services, posing a serious barrier to innovation and growth.

UKCBC response to FCA Discussion Paper 24/4 : The UKCBC responded to the FCA's proposals (DP24/4), urging for a balanced, proportionate regulatory regime that fosters innovation without disadvantaging UK crypto businesses.

UKCBC response to FCA Discussion Paper 25/1: The UKCBC responded to the FCA’s Discussion Paper 25/1 on Regulating Cryptoasset Activities. The UKCBC recommends a more flexible and proportionate approach in areas such as staking, lending, and the use of credit, cautioning against blanket bans and advocating for tailored safeguards that support innovation and consumer access.

UKCBC technical feedback on the regulatory regime for cryptoassets (regulated activities) – Draft SI and Policy Note: UKCBC warned that without targeted technical revisions, innovation, particularly in stablecoin payments and decentralised finance, could be stifled.

UKCBC joint letter to Varun Chandra, Special Advisor to the Prime Minister on Business & Investment: UKCBC in a joint letter to the Prime Minister’s Special Advisor urged the UK Government to prioritise blockchain and digital assets as strategic economic drivers.

UKCBC response to PSR CP24/11: The UKCBC supported the proposed £85,000 cap on APP scam reimbursements, citing reduced prudential impact and increased room for innovation. UKCBC called on the Payment Systems Regulator to simplify the ambiguous definition of “account controlled by the consumer” to avoid costly disputes and regulatory uncertainty for payment firms.